LKR to USD Exchange Rates & Currency Deals

The USD to LKR exchange rate currently has a bearish bias as the US dollar weakens. Key drivers include a potential interest rate reduction by the Federal Reserve, with expectations of up to three cuts by mid-2026, impacting the dollar's strength. Meanwhile, the Sri Lankan Rupee benefits from rising tourism and remittance income, despite facing challenges from Cyclone Ditwah's aftermath. In the near-term, the USD to LKR is expected to trade within a stable range around recent levels. Experts note the currency has recently been at 309.4, slightly above the three-month average of 306. Potential upside risks could arise from significant global growth improvements, while downside risks include negative domestic factors like further severe weather or political instability in Sri Lanka. --- Update: USD to LKR is bearish as the US dollar weakens. Fed may cut rates up to 3 times by mid-2026, hurting the dollar. Meanwhile, LKR is supported by rising tourism & remittances but remains vulnerable to domestic issues. Stabilizing range expected ahead